New York S 9606: Relates to appropriations to the Barker central school district following the cessation of operations of an electric generating facility located within such district

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S09606 Summary:

BILL NOS09606 

&nbsp

SAME ASSAME AS A11608

&nbsp

SPONSORORTT

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd Part C Subpart H §1, Chap 20 of 2015

&nbsp

Relates to appropriations to the Barker central school district following the cessation of operations of an electric generating facility located within such district; permits awards for a period of ten years for the loss of tax revenue.

Go to top S09606 Actions:

BILL NOS09606 

&nbsp

03/27/2026REFERRED TO FINANCE

06/04/2026COMMITTEE DISCHARGED AND COMMITTED TO RULES

06/04/2026ORDERED TO THIRD READING CAL.1749

06/04/2026PASSED SENATE

06/04/2026DELIVERED TO ASSEMBLY

06/04/2026referred to education

Go to topS09606 Committee&nbspVotes:

Go to topS09606 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS09606 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 9606

 IN SENATE

 March 27, 2026
 ___________

 Introduced by Sen. ORTT -- read twice and ordered printed, and when
 printed to be committed to the Committee on Finance

 AN ACT to amend subpart H of part C of chapter 20 of the laws of 2015,
 relating to appropriating money for certain municipal corporations and
 school districts, in relation to authorizing Barker central school
 district to receive assistance for an additional three years

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Section 1 of subpart H of part C of chapter 20 of the laws
 2 of 2015, relating to appropriating money for certain municipal corpo-
 3 rations and school districts, as amended by section 1 of part XX of
 4 chapter 55 of the laws of 2021, is amended to read as follows:
 5 Section 1. Contingent upon available funding, and not to exceed
 6 $140,000,000 moneys from the urban development corporation shall be
 7 available for a local government entity, which for the purposes of this
 8 section shall mean a county, city, town, village, school district or
 9 special district, where (i) on or after June 25, 2015, an electric
 10 generating facility located within such local government entity has
 11 ceased operations, and (ii) the closing of such facility has caused a
 12 reduction in the real property tax collections or payments in lieu of
 13 taxes of at least twenty percent owed by such electric generating facil-
 14 ity. Such moneys attributable to the cessation of operations, shall be
 15 paid annually on a first come, first served basis by the urban develop-
 16 ment corporation to such local government entity within a reasonable
 17 time upon confirmation from the state office of real property tax
 18 services or the local industrial development authority established
 19 pursuant to titles eleven and fifteen of article eight of the public
 20 authorities law, or the local industrial development agency established
 21 pursuant to article eighteen-A of the general municipal law that such
 22 cessation has resulted in a reduction in the real property tax
 23 collections or payments in lieu of taxes, provided, however, that the
 24 urban development corporation shall not provide assistance to such local
 25 government entity for more than seven years, and shall award payments
 26 reflecting the loss of revenues due to the cessation of operations as
 27 follows:

 28 Award Year Maximum Potential Award

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD14885-01-6

 S. 9606 2

 1 1 no more than eighty percent of loss of revenues
 2 2 no more than seventy percent of loss of revenues
 3 3 no more than sixty percent of loss of revenues
 4 4 no more than fifty percent of loss of revenues
 5 5 no more than forty percent of loss of revenues
 6 6 no more than thirty percent of loss of revenues
 7 7 no more than twenty percent of loss of revenues

 8 A local government entity shall be eligible for only one payment of
 9 funds hereunder per year. A local government entity may seek assistance
 10 under the electric generation facility cessation mitigation fund once a
 11 generator has submitted its notice to the federally designated electric
 12 bulk system operator (BSO) serving the state of New York of its intent
 13 to retire the facility or of its i